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Preforeclosure Homes in Parsonsburg, MD

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Living in Parsonsburg, MD

Parsonsburg, MD is a charming small town offering a tranquil suburban lifestyle. With its friendly neighborhoods and local amenities, it is a great place for families and individuals seeking a slower pace of life. The community is enriched by parks, recreational activities, and a strong sense of belonging.

Current Market Conditions in Parsonsburg, MD

The current real estate market in Parsonsburg is witnessing a gradual increase in property values, driven by a steady demand for affordable housing options within commuting distance to larger cities. The area continues to attract buyers looking for the perfect blend of rural charm and urban convenience, which has led to a competitive market for homes.

The trend towards remote working has also increased interest in suburban areas like Parsonsburg, where buyers are searching for more space and better prices compared to nearby urban centers. This shift has encouraged many homeowners to invest in larger properties or newer constructions, positively influencing the market.

Home Value Estimator For Parsonsburg, MD

There are currently 1,409 real estate properties in Parsonsburg, MD, with a median automated valuation model (AVM) price of $252,186.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parsonsburg, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Parsonsburg, MD, is $278,519.00, with the most expensive house in Parsonsburg, MD, topping out at $2,681,500.00 and the cheapest home in Parsonsburg, MD, clocking in at $26,305.00. In other words, there’s something for every potential homebuyer or savvy investor in Parsonsburg, MD!

Rent Prices In Parsonsburg, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parsonsburg, MD, is on a rollercoaster ride. The average rent price in Parsonsburg, MD, is $1,316.00. Indeed, when looking to rent in Parsonsburg, MD, you can expect to pay as little as $710.00 or as much as $2,700.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Parsonsburg, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Parsonsburg, MD Preforeclosure Homes


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